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SpaceX and Tesla in Merger Negotiations

Bloomberg +1 · ·by G4L

TSLA Tesla Inc
$397.45 +1.69%
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  1. 1SpaceX and Tesla are conducting merger negotiations, with a potential announcement as early as December.
  2. 2The two companies, with SpaceX valued at over $1.9 trillion and Tesla valued at approximately $1.5 trillion, are in discussions.
  3. 3Elon Musk stated that the boards of both companies formed a special committee of independent directors in October to review the merger.

So what's the key point?

SpaceX and Tesla are discussing a plan to merge into one company. The combined value of the two companies exceeds $1.9 trillion.

Source Bloomberg +1 · View original ↗

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